Instant Free Lease Estimate

Get the Equipment You Need to Grow Your Business

Equipment Financing Made Easy

Equipment Financing Made Easy

You Find It. Dealer, Auction, or Private.

We Finance It. Affordable Flexible Payments.

You Get It. Increase Your Income.

Fast and Stress-Free Financing for New or Used Equipment

Get any equipment for any business that you need to grow.

It’s fast. It’s easy. Thomcat Leasing specializes in getting you fast financing on new or used physical assets for your business. Get approved without a ton of paperwork and lease to own your equipment. Since 1989, we’ve worked with Canada’s top lenders to get you the best rates and lowest payments.

This service doesn’t cost you a penny. The Thomcat Leasing process is fast and stress-free – not at all like dealing with your bank!

Get an Instant Free Lease Estimate and see how affordable leasing is for you.

01

Find It!

Go shopping anywhere in North America. Find new or used equipment for your business. Dealer, auction, or private sale.

02

Finance It!

Get approved and financed quickly with Thomcat Leasing. No hidden costs or scary numbers.

03

Get It!

Your equipment is delivered right to you. Shipping and customs are rolled into your lease. Just start earning increased income.

What Equipment Can You Lease to Own?

If it’s equipment or machinery for your business, you can lease it with Thomcat Leasing. Just ask us if we can do it, and we’ll tell you we can.

Here’s a few examples of equipment you can lease to own:

  • Excavators
  • Skid Steers
  • Dump Trucks
  • Cranes

etc…

  • Tractors
  • Combines
  • Seeders
  • Harvesters

etc…

  • Logging Trucks
  • Feller Bunchers
  • Mulchers
  • Skidders

etc…

  • Tow Trucks
  • Utility Trucks
  • Excavators
  • Scissor Lifts (lifts of any kind)
  • Scaffolding

etc…

  • Highway Trucks
  • Reefer / Refrigerator Trucks
  • Work Truck or Auto
  • Shipping Containers

etc…

  • Manufacturing Equipment
  • Press Brakes
  • Compressors
  • CNC Machines
  • Lifts of Any Kind

etc…

  • Any kind
  • Utility and Cargo
  • Flat Bed
  • Dump Trailer

etc…

  • Printers
  • Gym Equipment
  • Security Cameras
  • Computers and Servers

etc…

  • Welding
  • Laser Engravers
  • Drills
  • Generators
  • Compressors

etc…

  • Compactors
  • Shelves & Racks
  • Forklift

etc…

Don’t see it here? These are just some examples. If it’s a tangible asset for your Canadian business with a combined value of $5,000 or more… You can lease it!

The person giving an equipment leasing testimonial about Thomcat Leasing

What Clients Say

Hands down the most personal, most pleasant experience I’ve ever had from any sort of lending institution. They will ensure you’re looked after. Cheers to a healthy, lengthy relationship that reaps gains for both partners!

– Chris Lecuyer, Forward Progress Motorsports

I spent 3 days dealing with my bank to get my equipment finance approved. Thomcat got it done in hours and at a better rate than the bank.

– Ed, EC Excavating

Canada’s Top Lenders Compete for Your Lease

Canada’s Top Lenders Compete for Your Lease

  • Approvals in as little as 10 minutes

  • Zero down oac

  • Flexible Terms (2-5 years)

Sell Equipment Faster

A Toolkit for Any Equipment Seller

Setup a virtual finance office for your equipment sales in minutes. Earn commission on completed equipment leasing deals.

We’ve created a free easy-to-use toolkit for sellers, vendors, and dealers. Get access to instant lease estimates, co-branded applications, an estimate form for your website, and fast submission of sales invoices.

Create your seller profile. You will close more deals and earn more!

Fast Approvals, Cut Sticker Shock, and Get 100% Payment with Thomcat Leasing Equipment Vendor Toolkit

Frequently Asked Questions About Equipment Leasing in Canada

To qualify for lease-to-own equipment financing, a business generally needs positive net worth, at least 2 years in operation, and the lease held under a corporation or sole proprietorship (equipment can still have personal use, as long as it’s tied to the business). Leased assets are required to be in good condition and purchased at fair market value. Good credit history is required; those with bankruptcies or consumer proposals are not eligible.

Thomcat Leasing works exclusively with Canadian businesses.

Equipment leasing and bank financing differ mainly in payment flexibility, ownership, collateral, tax treatment, and ease of approval.

A lease lets you structure payments around your cash flow (monthly, seasonal, quarterly, and more), uses only the equipment itself as collateral, and lets you take ownership at the end of the term for a nominal buyout (usually $10, though other buyout options exist). Lease applications are also quick, with minimal paperwork required. A bank loan puts ownership in your hands immediately, but usually requires additional collateral beyond the equipment and a more involved application, including detailed financial statements before approval.

Tax treatment is another key difference: 100% of a lease payment is deductible as a business expense, and sales tax is spread across your payments so you can claim a small input tax credit (ITC) on each one. With a loan, only the interest portion is deductible, the equipment is written off gradually through Capital Cost Allowance (CCA), and sales tax is paid upfront as one large ITC claim. Speak with your accountant about which fits your business best.

No, most equipment leasing agreements require $0 down. Some credit profiles may call for a down payment, and some business owners choose to put money down anyway to reduce their payments, but for most applicants it’s optional. At the start of your lease, you’ll pay a first and last payment upfront – this isn’t a down payment, it simply reduces the number of payments remaining on your term. Equipment leases may also include small documentation or administration fees at the start or end of the term.

Your lease interest rate is calculated individually, based mainly on three factors: risk assessment (your credit history, credit rating, and the size of the deal), the equipment type & market value, and the length of your lease term. Because every one of these varies by applicant – and even application – there isn’t a standard rate. Rather, our lease brokers will get Canada’s top lenders competing for your lease, so that you get the best possible rate for you. The easiest way to get an estimate of your equipment lease payments is to request an Instant Free Lease Estimate.

You can lease almost any physical business asset worth $5,000 or more, new or used, including trailers, heavy equipment, trucks, construction and forestry equipment, farm equipment, and shop tools.

See a list of what can be leased through Thomcat Leasing →

Approvals can be completed in as little as 10 minutes, though most applications are approved within 1 to 2 business days. It’s always best to get approved before you’re on the dealership floor or negotiating with a private seller, so you can shop as a qualified buyer.

How Can We Help You?

Our friendly and knowledgeable staff are ready to assist. What can we help you with today?

Or Call Us: 1-877-846-6228

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Thomcat Leasing is a Member of CFLA-ACFL (Canadian Financing & Leasing Association)
Thomcat Leasing is Proudly Serving Canada